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Sunwin Stevia International (Sunwin Stevia International) Owner Earnings per Share (TTM) : 0.00 (As of Oct. 2022)


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What is Sunwin Stevia International Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Sunwin Stevia International's Owner Earnings per Share (TTM) ended in Oct. 2022 was $0.00. It's Price-to-Owner-Earnings ratio for today is 0.


The historical rank and industry rank for Sunwin Stevia International's Owner Earnings per Share (TTM) or its related term are showing as below:



SUWN's Price-to-Owner-Earnings is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 14.86
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Sunwin Stevia International's Earnings per Share (Diluted) for the three months ended in Oct. 2022 was $-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2022 was $-0.01. It's PE Ratio ratio for today is At Loss.

Sunwin Stevia International's EPS without NRI for the three months ended in Oct. 2022 was $-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Oct. 2022 was $-0.01. It's PE Ratio without NRI ratio for today is At Loss.


Sunwin Stevia International Owner Earnings per Share (TTM) Historical Data

The historical data trend for Sunwin Stevia International's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sunwin Stevia International Owner Earnings per Share (TTM) Chart

Sunwin Stevia International Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.04 - -0.01 -0.01

Sunwin Stevia International Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.01 -0.01 - 0.02

Competitive Comparison of Sunwin Stevia International's Owner Earnings per Share (TTM)

For the Farm Products subindustry, Sunwin Stevia International's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sunwin Stevia International's Price-to-Owner-Earnings Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sunwin Stevia International's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Sunwin Stevia International's Price-to-Owner-Earnings falls into.



Sunwin Stevia International Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Sunwin Stevia International's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income -1.62
Depreciation, Depletion and Amortization 1.39
Change In Deferred Tax 0.00
5Y Average of Maintenance Capital Expenditure 1.36
Change In Working Capital 5.00
Shares Outstanding (Diluted Average) 199.63

1. Start with "Net Income" from income statement. Sunwin Stevia International's Net Income for the trailing twelve months (TTM) ended in Oct. 2022 was $-1.62 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Sunwin Stevia International's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Oct. 2022 was $1.39 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Sunwin Stevia International's Change In Deferred Tax for the trailing twelve months (TTM) ended in Oct. 2022 was $0.00 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $1.36 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Sunwin Stevia International's 5-Year Average Maintenance Capital Expenditure = $1.36 Mil

5. "Change In Working Capital" is from cashflow statement. Sunwin Stevia International's Change In Working Capital for the trailing twelve months (TTM) ended in Oct. 2022 was $5.00 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Sunwin Stevia International's Shares Outstanding (Diluted Average) for the months ended in Oct. 2022 was 199.633 Mil.

Sunwin Stevia International's Onwer Earnings Per Share for Oct. 2022 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( -1.62 +1.391+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-1.3608076431593+5.001)/199.633
=0.00

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=0.0003/0.00
=0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Sunwin Stevia International Owner Earnings per Share (TTM) Related Terms

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Sunwin Stevia International (Sunwin Stevia International) Business Description

Traded in Other Exchanges
N/A
Address
6 Shengwang Avenue, Qufu, Shandong, CHN, 273100
Sunwin Stevia International Inc is engaged in the manufacture and sale of Stevia and its related products. It has two operating segments related to its product lines: Stevioside and Corporate and others. The majority of the revenue is generated from the Stevioside segment which produces and sells a variety of purified steviol glycosides with rebaudioside A and stevioside as the principal components. All of the company's operations are located in the People's Republic of China.
Executives
Archer Daniels Midland Co 10 percent owner 77 W. WACKER DR., CHICAGO IL 60601
Adm Holdings, Llc 10 percent owner 4666 FARIES PARKWAY, DECATUR IL 62526
Archer Daniels Midland Europe B.v. 10 percent owner STATIONSSTRAAT 76, 1541 LJ, KOOG AAN DE ZAAN P7 1540AA
Hans Peter Wild 10 percent owner
Wild Affiliated Holdings, Inc. 10 percent owner 1261 PACIFIC AVENUE, ERLANGER KY 41018
Wild Flavors, Inc. 10 percent owner 1261 PACIFIC AVENUE, ERLANGER KY 41018
Flavors Gmbh Wild 10 percent owner NEUGASSE 22, ZUG V8 6300
Laiwang Zhang director, officer: Chairman and President 6 SHENGWANG AVE., QUFU, SHANDONG F4 273100
Fanjun Wu officer: Chief Financial Officer 6 SHENGWANG AVE., QUFU,SHANDONG F4 273100
Dongdong Lin director, officer: Chief Executive Officer 6 SHENGWANG AVE., QUFU, SHANDONG F4 273100
Chengxiang Yan director, officer: GM of Qufu Natural Green 6 SHENGWANG AVE., QUFU, SHANDONG F4 273100

Sunwin Stevia International (Sunwin Stevia International) Headlines

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